Tertiary Education Trust Fund

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Tertiary Education Trust fund abbreviated as TETFUND is a scheme established by the Federal Government of Nigeria in 2011 to disburse, manage and monitor education tax to government-owned tertiary institutions in Nigeria.[1][2]

TETFUND scheme was formed as a product of the Education Tax Act of 1993. Prior to the establishment of the scheme in 2011, government-owned tertiary institutions were poorly funded. The scheme was designed to improve on the managements of funds disbursed to these institutions.[3][4]

External link

Official Website

References

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